100% renewable target self-defeating - Genesis

100% renewable target self-defeating - Genesis
Gavin Evans
The Labour government’s plan to bring forward its 100 percent renewable electricity generation target to 2030 is an example of siloed thinking and is likely to be self-defeating, Genesis Energy told shareholders today.The plan, announced earlier this month, brings forward the target date by five years and matches the target selected earlier by the Green Party, Labour’s likely partner in any coalition formed after next month’s election.Genesis chief executive Marc England said independent research, and work by the government&rs...

More Editor's Picks

On the Money: I'm on a Train! Choo-choo!
Editor's Picks

On the Money: I'm on a Train! Choo-choo!

How many Cabinet ministers can you fit on one train?

Dileepa Fonseka 09 Aug 2025
What's behind Gentrack's $150m market cap hit
Markets

What's behind Gentrack's $150m market cap hit

After flying into the NZX20 in June, a rival is rattling the utilities software firm.

Foodstuffs and Woolworths gap grows as crackdown continues
Retail

Foodstuffs and Woolworths gap grows as crackdown continues

Pak'nSave's national market share has increased to 25%, ComCom said.

Gregor Thompson 07 Aug 2025